March 20, 2024
mayank
Franklin India Equity Hybrid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 259.1298
NAV IDCW: Rs 33.9765
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to achieve long-term capital appreciation with stability of investment and current income from a balanced portfolio of high quality equity and fixed-income securities.
Fund Manager:
1) Anuj Tagra
Education: Mr. Anuj Tagra is a graduate of Guru Gobind Singh Indraprastha University and an MBA from Narsee Monjee Institute of Management Studies
Experience: Prior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential AMC, Union Bank of India and Fidelity Investments.
2) Chandni Gupta
Education: She holds B.E. degree in IT and CFA degree from CFA Institute, USA.
Experience: Prior to joining Franklin India Mutual Fund, she has worked with ICICI Prudential Asset Management Company Limited Morgan Stanley Investment Management, HSBC Bank, Standard Chartered Mutual Fund.
3) Varun Sharma
Education: Mr. Sharma is a Bachelor in Business Studies from Sukhdev College of Business Studies, University of Delhi and holds a Post Graduate Diploma in Management from IIM – Calcutta.
Experience: Prior to joining Franklin Templeton Asset Management (India) Pvt. Ltd. he has worked with ICICI Securities (Feb 2010 – August 2014) as an Equity research Analyst and Credit Analysis and Research Limited (Apr 2009 – Feb 2010) as a Ratings Analyst.
4) Rajasa Kakulavarapu
Education: Ms. Kakulavarapu has done B.Tech and MBA.
Experience: Prior to joining Franklin Templeton Mutual Fund, she has worked with Jefferies India Pvt. Ltd. and Credit Suisse Securities (India) Pvt. Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 1,000 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details
| Fund House | Franklin Templeton Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 14.79% |
| Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,701 Cr |
| (As on 29-Feb-2024) | |
| Expense | 1.19% |
| (As on 29-Feb-2024) | |
| Risk Grade | Below Average |
| Return Grade | Average |
| Turnover | 42.14% |
Trailing Returns (%) of Franklin India Equity Hybrid Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Franklin India Equity Hybrid Dir | 2.51 | -0.78 | -1.71 | 3.66 | 11.01 | 30.54 | 15.85 | 15.10 | 13.27 | 15.44 |
| VR Balanced TRI | 0.75 | -0.97 | -0.84 | 1.93 | 8.21 | 26.11 | 14.00 | 13.68 | 13.31 | 13.07 |
| Hybrid: Aggressive Hybrid | 1.66 | -0.75 | -1.78 | 2.65 | 9.71 | 29.96 | 16.17 | 14.71 | 13.24 | 14.85 |
| Rank within category | 14 | 30 | 22 | 13 | 15 | 16 | 17 | 12 | 13 | 9 |
| Number of funds in category | 46 | 46 | 46 | 45 | 44 | 44 | 43 | 37 | 28 | 22 |
Peer Comparison of Franklin India Equity Hybrid Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Franklin India Equity Hybrid Dir | 4 star | 30.54 | 15.85 | 15.10 | 1.19 | 1,701 | 14.79 | 1.00 (365) | 11Y 2M | 42.14 |
| ICICI Pru Equity & Debt Dir | 5 star | 38.47 | 24.81 | 20.34 | 1.02 | 32,429 | 17.95 | 1.00 (365) | 11Y 2M | 30.00 |
| Canara Robeco Equity Hybrid Dir | 4 star | 26.16 | 14.13 | 15.23 | 0.66 | 9,809 | 14.71 | 1.00 (365) | 11Y 2M | 28.00 |
| HDFC Children’s Gift Dir | 5 star | 26.71 | 18.40 | 16.60 | 0.97 | 8,452 | 16.20 | — | 11Y 2M | 12.55 |
| UTI Aggressive Hybrid Dir | 4 star | 31.96 | 18.46 | 15.56 | 1.32 | 5,243 | 13.27 | 1.00 (365) | 11Y 2M | 30.00 |
Portfolio Analysis of Franklin India Equity Hybrid Fund
| No. of Stocks | 48 |
| Top 10 Holdings | 33.87% |
| Top 5 Stocks | 20.58% |
| Top 3 Sectors | 32.81% |
| Portfolio P/B Ratio | 3.61 |
| Portfolio P/E Ratio | 25.32 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,83,165 | 1,66,981 |
| Giant (%) | 61.63 | 54.17 |
| Large (%) | 17.24 | 16.93 |
| Mid (%) | 14.88 | 22.07 |
| Small (%) | 6.25 | 8.32 |
| Tiny (%) | — | 0.51 |
| Fund | Category | |
| Number of Securities | 62 | 72 |
| Macaulay Duration (yrs) | 1.36 | 3.71 |
| Average Maturity (yrs) | 1.49 | 6.11 |
| Yield to Maturity (%) | 7.36 | 7.49 |
| Avg Credit Rating | AAA | — |
How to Invest in Franklin India Equity Hybrid Fund?
Chanakya’s Mutual Fund Guidance For Franklin India Equity Hybrid Fund
Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.
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